Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Wallets
Introducing Mandala Chain, The Polkadot L1 Targets 10M+ New Wallets in Indonesia
Bali, Indonesia, June 5th, 2024, Chainwire Mandala Chain: Real World Utility & Adoption, Starting in Indonesia Mandala Chain, a Polkadot parachain that seamlessly integrates government and enterprise applications with public and retail sectors, has released details on their initial partnerships and use cases. The inaugural use case, IDCHAIN, is in collaboration with the entity overseeing Indonesia’s top-level .id web domain. This initiative aims to introduce over 10 million new wallets, significantly impacting digital identification in Indonesia. IDCHAIN: Pioneering Digital Identity…
1 year ago
Non-Empty USDC And USDT Wallets See 13.9% And 15.7% Spike, Why This Is Good For Crypto
Non-empty wallets for stablecoins such as Circle’s USDC and Tether’s USDT have been on the rise for a while now as crypto prices have recovered since the start of the year. This has come to a head as the non-empty wallets have grown double-digits in a very short time. While this could point to recent selling, it is also quite bullish for crypto going by historical performances. Non-Empty USDT And USDC Wallets Jump 13.9% According to the on-chain data tracking…
1 year ago
XRP Ledger Adoption Soars Despite Drop in New Wallets
XRP transactions overall climbed by 108% in the first quarter of 2024. The $2 billion penalty that the SEC has suggested for XRP sales is something Ripple objects to. With updates on their ongoing SEC complaint and a summary of noteworthy on-chain activity, Ripple Labs Inc. just published its first quarter ecosystem performance report. According to the research, there was a startling 108% rise in total transactions on the XRP Ledger protocol from the 121,031,713 transactions reported in Q4 2023…
1 year ago
Arkham Flags FTX And Alameda Wallets For Liquidating $97.35M In Crypto Assets Edit Title
The post Arkham Flags FTX And Alameda Wallets For Liquidating $97.35M In Crypto Assets Edit Title appeared first on Coinpedia Fintech News FTX and Alameda wallets have transferred and liquidated a combined $97.35 million in crypto assets within the past month. Besides controlling over 78% of the FTT token supply, FTX retains $33.85 million in BOBA and $11.22 million in ETH. Meanwhile, Alameda holds significant holdings including $140 million worth of WLD, $102 million in BIT, $93 million in BTC, and…
1 year ago
Dogecoin on the Rise: Over 5 Million Wallets Now Profitable As Potential Surge Looms
So far, Dogecoin has emerged as a significant player among the largest altcoins, exhibiting signs of a strong comeback, particularly highlighted by the recent profitability of numerous wallet addresses. A Surge In Dogecoin Profitable Addresses Recent data from IntoTheBlock reveals a notable uptick in the profitability of Dogecoin addresses. Of the myriad wallets in the Dogecoin ecosystem, roughly 82.66%, representing approximately 5.21 million addresses, are currently profitable. According to data from IntoTheBlock, the profitability price range remains between $0.143 and…
1 year ago
BREAKING: Vodafone to Embed Bitcoin, Ripple (XRP), and Other Wallets in SIM Cards to Drive Adoption in Africa
Vodafone intends to utilize SIM card technology for blockchain-based digital wallets on mobile devices through Pairpoint. The British-based telecommunication company is available globally through its subsidiaries, thus promising to expedite the mass crypto adoption. Top-tier multinational telecommunications company Vodafone Group Plc., which predominantly operates in Europe, Asia, Oceania, and Africa, is ostensibly advancing its SIM technology via the use of blockchain to help users manage crypto assets. According to Vodafone’s Pairpoint Chief Product Officer (CFO), David Palmer, in a recent…
1 year ago
Cardano Development Update: Advancements Across Core Technology, Wallets, Scaling, Voltaire & Sanchonet, Catalyst, and Education
Cardano’s weekly report details exciting updates cutting across all areas with the ecosystem recording 169 projects, 1397 project buildings, and 9.96 million native tokens. According to the report, the consensus team reviewed the first draft of the Peras innovation. Cardano’s (ADA) incredible ecosystem advancement continues with its Weekly Development Report detailing major updates across core technology, wallets, scaling, Education, etc. The report, dated May 3, highlighted the launch of 169 projects and 1397 project buildings within the week. On top…
1 year ago
Best Bitcoin Wallets Supporting Multi-Wallet Seed Login
One feature that strikes a balance between security and convenience is the multi-wallet seed login, which allows users to access multiple wallets using a single seed phrase or recovery phrase. This feature not only enhances security by providing a single point of backup for all your wallets but also offers convenience by eliminating the need to manage multiple seed phrases. In this article, we'll explore some of the top Bitcoin wallets that support multi-wallet seed login. Bitamp Bitamp is a…
1 year ago
Top 4 Non-Custodial Crypto Wallets in 2024
If you’re getting involved in the crypto market, a cryptocurrency wallet is one of the most important choices you can make. This guide provides a thorough overview of the most secure wallet options on the market. Most Secure Crypto Wallet Apps Bitget Wallet — comprehensive security solution Metamask — the most popular non-custodial wallet Phantom — non-custodial wallet offering benefits from Solana’s extremely low fees SafePal — versatile staking capabilities 1. Bitget Wallet Launched in 2018, Bitget Wallet supports over…
1 year ago